Aging, female and foreign workers, and Japanese labor markets: An international perspective

Alice Nakamura, Masao Nakamura, Atsushi Seike

研究成果: Chapter

4 被引用数 (Scopus)


The Japanese economy has been in a prolonged recession since the bursting of the financial bubble in 1990, and at the time of writing unemployment rates have reached historical highs even for men in their prime. The causes of the recession are long-term imbalances and fundamental changes in the environment and the structure of the Japanese economy. In the late 1980s, when this financial bubble was forming, firms, households and all levels of government made massive amounts of inefficient investments, both real and financial. (Real investments such as firms’ investments in plant and equipment are often distinguished from financial investments such as investments in stocks, bonds and other financial securities.) In the aftermath of the bursting bubble, Japan has been suffering from non-performing loans of all kinds and has been unable to direct new capital into productive areas of the economy. Globalization has also contributed to the country’s unemployment woes.

ホスト出版物のタイトルChanging Japanese Business, Economy and Society
ホスト出版物のサブタイトルGlobalization of Post-Bubble Japan
出版社Palgrave Macmillan
出版ステータスPublished - 2004 1月 1

ASJC Scopus subject areas

  • 経済学、計量経済学および金融学(全般)
  • ビジネス、管理および会計(全般)
  • 社会科学(全般)


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